New Delhi: Plans to nurse back five PSUs at a total investment of Rs 4,575 crore are under active consideration of the government which will also revive Lucknow-based Scooters India without inducting any strategic partner.

In the case of Scooters India Ltd (SIL), the government has changed its strategy from offering it for outright sale to reviving on its own. However, the investment requirement has not yet been disclosed for the company which was known for its Lambretta scooters.

"The Heavy Industries Ministry's approach ...is to restructure/revive these PSUs to reduce the sick and loss-making units.

"Renowned consultants are being appointed through competitive bidding for formulation of appropriate revival plans/strategy to be adopted in restructuring these PSUs," the statement said.

Cement Corporation of India and Ranchi-based Heavy Engineering Corporation have already been revived with government assistance of Rs 1,716 crore and about Rs 1,400 crore respectively.